Crompton Greaves Consumer Electricals Ltd. · NSE:CROMPTON
Crompton Greaves Consumer Electricals — Q1 FY2021 Earnings Presentation
12 slides from Crompton Greaves Consumer Electricals's earnings presentation, Jul 24, 2020
Slide 1: Cover letter to BSE and NSE: Highlights of Q-1 FY 2020-21
Crompton Greaves Consumer Electricals Limited Registered & Corporate Office: Tower 3, 1st Floor, East Wing, Equinox Business Park, LBS Marg, Kurla (West), Mumbai - 400 070.India T: +91 22 6167 8499 F: +91 22 6167 8383 W: www.crompton.co.in CIN: L31900MH2015PLC262254 Date: July 24, 2020 To, To, BSE L
Slide 2: Information Update – Q1 FY21
Information Update – Q1 FY21 July, 2020
Slide 3: Table of Contents
Table of Contents ▪ Covid 19 - Impact and Response ▪ Key Highlights – Q1 FY 21 ▪ Summary of Q1 Results ▪ Segment Details ▪ Cash Flow highlights ▪ Net Debt ▪ Key Financial Ratios
Slide 4: Covid-19 Impact and Response
Covid-19 Impact and Response HR – Winning with People • Taking proactive measure, we initiated work from home for our employees even before lockdown was announced • Health and safety of our employees remains to be our top most priority for the company and we continue to provide full support to our e
Slide 5: Covid-19 Impact and Response
Covid-19 Impact and Response • A clear roadmap (Strategic, Tactical & Operational planning) steered to convert market opportunities to sales. • Business confidence and condition picked up in May and improved in June • Revival of business was witnessed across portfolios and all businesses viz. Fans,
Slide 6: Key Highlights – June
Key Highlights – June ▪ ECD Performance o Fans, Domestic Pumps and Appliances drive revival in ECD segment o Fans activity scales back to 85% o Appliance business witness 6% volume growth. o Agro pumps achieved 25% value growth, Domestic Pumps scales to 100% activity ▪ Lighting Performance o B2C LED
Slide 7: Summary of Q1 Results
Summary of Q1 Results Q1 FY21 Q1 FY20 Q4 FY20 Particulars GoLY Rs. Cr Rs. Cr Rs. Cr Net Sales 713 1,347 -47.0% 1,018 • Sales impacted by lockdown Less: Material Cost 481 907 -46.9% 696 Material Margin 232 440 -47.3% 322 as a % of Net Sales 32.5% 32.6% 31.6% • Margins improved sequentially Less: Empl
Slide 8: Segment Details
Segment Details Segment Revenue Q1 FY21 Q1 FY20 Q4 FY20 Particulars GoLY Rs. Cr Rs. Cr Rs. Cr Electrical Consumer Durables 597 1,073 -44% 741 Lighting Products 117 274 -57% 277 Total Income from Operation 713 1,347 -47% 1,018 Segment EBIT Q1 FY21 Q1 FY20 Q4 FY20 Particulars Rs. Cr EBIT % Rs. Cr EBIT
Slide 9: Cash Flow Highlights
Cash Flow Highlights Particulars Q1FY21 Q1FY20 Rs Cr. Rs Cr. Profit before exceptional items and tax 99 189 Adjustments for: Depreciation 8 6 Interest and other adjustments -6 4 (Increase) / Decrease in Working Capital 94 11 • Collection drive and material management Cash from Operation 195 210 help
Slide 10: Net Debt
Net Debt As on Jun 20 As on Jun 19 As on Mar 20 Particulars Rs. Crs Rs. Crs Rs. Crs Total Debt* 516 350 350 Less: Cash and Bank 90 65 47 Less: Current Investment 881 431 540 Total Net Debt -455 -146 -237 Net Debt/Equity NA NA NA Net Debt/EBIDTA (Annualised) NA NA NA o Company’s cash conversion cycle
Slide 11: Key Financial Ratios
Key Financial Ratios EBIDTA Margins PBT Margins 14.3% 13.9% 14.0% 13.9% Q1 FY20 Q1 FY21 Q1 FY20 Q1 FY21 67.8% RoCE 39.9% RoE 33.9% 19.1% Q1 FY20 Q1 FY21 Q1 FY20 Q1 FY21 Q1 FY20 Q1 FY21 Q1 FY20 Q1 FY21 *RoCE and RoE has been annualised
Slide 12: Thank You
Thank You
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